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CRYPTO BREAKING NEWS! (30/01/24) ✦ Bitwise CEO Hunter Horsley announced on Twitter that the company's Bitcoin spot ETF, BITB, has surpassed $600 million in assets under management. ✦ The circulation of TRC20-USDT has reached a new historical high, surpassing 51.8 billion tokens. As of now, the number of TRC20-USDT holding accounts has reached 37.25 million, with a cumulative transfer count exceeding 15.2 billion transactions. ✦ dYdX Foundation Requests $30 Million Funding From DAO For Three-Year Plan ✦ THORChain to Support Solana Network ✦ Optimism Chief Growth Officer Ryan Wyatt has initiated a community proposal to migrate Treasure to the OP Superchain and build Treasure Chain on the OP Stack. ✦ Data from Cryptoquant indicates that the adoption rate of the Bitcoin network Taproot has risen from 1% a year ago to 39%. Currently, most addresses are now using SegWit. ✦ Puffer Finance's official Discord channel has revealed that the platform currently only supports MetaMask wallet connections and does not support wallets like Rabby. ✦ ARK Invest Purchases 58,468 Shares of ARK 21Shares Bitcoin Spot ETF ✦ Eigenpie's Total Value Locked Surpasses $100 Million ✦ SEC Accuses HyperFund Founders of Fraud and Unregistered Securities Issuance ✦ an Australian and two Americans have been charged with orchestrating a $1.9 billion cryptocurrency scam based around a purported DeFi platform, HyperFund. The U.S. Department of Justice (DOJ) accused Australian citizen Sam Lee of co-founding HyperFund and Rodney Burton and Brenda Chunga of promoting it, together defrauding investors of $1.89 billion by claiming that investment returns would come from non-existent cryptocurrency mining operations. ✦ Cross-chain interoperability protocol LayerZero has announced the launch of its V2, featuring new functionalities such as universal message passing, modular security, permissionless execution, unified semantics, and V1 compatibility.

CRYPTO BREAKING NEWS! (30/01/24)

✦ Bitwise CEO Hunter Horsley announced on Twitter that the company's Bitcoin spot ETF, BITB, has surpassed $600 million in assets under management.

✦ The circulation of TRC20-USDT has reached a new historical high, surpassing 51.8 billion tokens. As of now, the number of TRC20-USDT holding accounts has reached 37.25 million, with a cumulative transfer count exceeding 15.2 billion transactions.

✦ dYdX Foundation Requests $30 Million Funding From DAO For Three-Year Plan

✦ THORChain to Support Solana Network

✦ Optimism Chief Growth Officer Ryan Wyatt has initiated a community proposal to migrate Treasure to the OP Superchain and build Treasure Chain on the OP Stack.

✦ Data from Cryptoquant indicates that the adoption rate of the Bitcoin network Taproot has risen from 1% a year ago to 39%. Currently, most addresses are now using SegWit.

✦ Puffer Finance's official Discord channel has revealed that the platform currently only supports MetaMask wallet connections and does not support wallets like Rabby.

✦ ARK Invest Purchases 58,468 Shares of ARK 21Shares Bitcoin Spot ETF

✦ Eigenpie's Total Value Locked Surpasses $100 Million

✦ SEC Accuses HyperFund Founders of Fraud and Unregistered Securities Issuance

✦ an Australian and two Americans have been charged with orchestrating a $1.9 billion cryptocurrency scam based around a purported DeFi platform, HyperFund. The U.S. Department of Justice (DOJ) accused Australian citizen Sam Lee of co-founding HyperFund and Rodney Burton and Brenda Chunga of promoting it, together defrauding investors of $1.89 billion by claiming that investment returns would come from non-existent cryptocurrency mining operations.

✦ Cross-chain interoperability protocol LayerZero has announced the launch of its V2, featuring new functionalities such as universal message passing, modular security, permissionless execution, unified semantics, and V1 compatibility.

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CRYPTO BREAKING NEWS! (22/5/24) ✦ According to U.Today, on this day in 2010, Florida-based software developer Laszlo Hanyecz made history by purchasing two pizzas for 10,000 Bitcoins. This marked the first commercial transaction using the original cryptocurrency. Laszlo had posted a request to buy pizzas with Bitcoin five days before the actual transaction on the renowned BitcoinTalk forum. With Bitcoin's current trading value close to $70,000, the two Papa John's pizzas would now be worth over $700 million. Fourteen years ago, these pizzas were valued at just $41. ✦ Blockchain data reveals that more than 13,300 Ethereum (ETH) tokens have been sent to the Ethereum burn address, with a current value exceeding $50 million. In addition, data from Ultrasound Money indicates that the rate of ETH burning is significantly lagging behind its issuance rate. On average, 303,000 ETH tokens are burned annually, while 918,000 are issued each year. This information provides insight into the current state of Ethereum's token economy, highlighting the disparity between the number of tokens being destroyed and those being created. ✦ The Ethereum L2 network Linea TVL has broken through the $1 billion mark, setting a new historical high. The network has seen an increase of over 40% in the past seven days. This significant growth indicates a rising interest and investment in the Ethereum L2 network Linea TVL. ✦ A significant transaction involving USDC coins has been detected. The transaction, which took place at 12:57:11 Beijing time, saw a total of 271 million USDC coins being transferred from an unknown wallet to MakerDAO. ✦ Data from Santiment reveals that the number of small Ethereum wallets, holding 10 or fewer ETH, continues to rise, reaching a record high of 121.74 million. In contrast, the number of 'Smart Money' wallets, those holding between 10 and 10,000 ETH, has decreased by 5.8% over the past year. Furthermore, the number of large 'whale' wallets, holding more than 10,000 ETH, has decreased by 10.6%.
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